Vertu Motors plc (AIM:VTU) is in talks to acquire Helston Garages Group Limited. This would be funded by debt. The controlling party of the company is the executors of the estates of former directors David Stanley Carr and Betty Vera Carr.

Helston Garages is based in south west England and it focuses on premium automotive marques. It has 37 dealerships, plus two used car sites. There are five dealerships for BMW, Peugeot and Volvo.

Other manufacturers include Land Rover, Mini, Skoda and Jaguar.